During the Works Assembly meeting in mid-July 2017, CEO Rainer Denndörfer presented the business figures, which only point in one direction – upward. Turnover and revenue will be in the two-digit range in the first half of 2017. “22 years after its founding, BD Sensors, the specialist in industrial pressure measurement technology is on the way to being a global market leader in terms of innovation and its problem-solving capacity,” says the company founder.
CEO Rainer Denndörfer brought along some really great news for the staff of BD|SENSORS in his bag. During the Works Assembly meeting in mid-July, he presented the figures for the fiscal year 2016 and the first half of 2017. Both time periods were completed very successfully.
While people virtually met the (moderate) goals set in 2016, 2017 started with very brisk business activity, which resulted in an almost explosive development in sales, gross yield and cash-flow.
“So far, 2017 has not been an easy year,” Rainer Denndörfer told his employees. That is because, although high growth rates are very good news, the associated requirements also have to be ironed out internally. While production is achieving this task, the procurement department is facing some bigger challenges in order to maintain the shorter delivery times at the end of the process, to which the BD|SENSORS is accustomed. Of course, capacity production also shows some vulnerability or another, which has to be remedied, the company founder says. However, most of them have already been corrected.
He insured his employees that the company will be even more efficient and better: “You work for a company which is all about reliability and sustainability. The first half of 2017 had unusually high growth which far exceeded expectations!
»An increase in turnover by virtually 17%, the gross yield grew by 18% and the cash-flow increased by an impressive 28%.”
That is reflected in the following figures: an increase in turnover by virtually 17%, the gross yield grew by 18% and the cash-flow increased by an impressive 28%.”
The excellent financial situation had a positive by-product for the staff. The employees will receive a share of 5% of the operating result like in the previous years, which will be reflected as an additional month’s salary for individual employees.
At the end of the Works Assembly meeting, Rainer Denndörfer also gave a preview of the future: “I assume further positive development in the next few years but, in my judgment, the growth rates can go ahead and be a bit smaller! In the coming years, the focus will be on the following three strategic goals:
- Further expand our position as the “problem solver of the industry”
- New and further development of innovative sensor technologies
- BD|SENSORS should continue to be independent”
